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Elham AbolFateh

Egypt

African Union Commission: We adopted Free Trade Area to develop local economies

Sunday 09/December/2018 - 11:45 AM
Sada El Balad
Sada ElBalad: Basant Ahmed
Head of the African Union Commission Moussa Faqih said on Sunday that the union has adopted the Free Trade Area for the development of local economies، assuring that it is necessary to open up wider markets in the African countries to facilitate development.
in his word during Africa 2018 forum held in Sharm El Sheikh، Faqih added that deepening the regional integration will provide investment opportunities amid the need to facilitate procedures.
Africa Forum focuses on the challenges currently facing Africa، such as the role of the private sector and youth entrepreneurship، Faqih noted pointing out that security and stability contribute mainly to the development of the continent.
President Abd Al Fattah Al Sisi inaugurated today Sunday Africa 2018 forum in Sharm El Sheikh.
The official website of the forum said that President Abdel Fattah Sisi، Paul Kagame، President of the Republic of Rwanda and Abiy Ahmed، Prime Minister of Ethiopia will participate in the presidential dialogue at the YED session.

A number of heads of state، government and ministers from various African countries will participate in the forum. representatives of Egypt's development partners، businessmen، investors from Egypt، Africa and all over the world، will attend the forum to boost investment in the African continent.
the two day forum will be held under the title of "Bold Leadership and Collective Commitment: Enhancing Inter-African Investment"

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